Overview
What is Masonic Grand Lodge Library And Museum Of Texas?
The Masonic Grand Lodge Library and Museum of Texas is a nonprofit organization based in Waco, Texas. With a modest team of nine individuals, its primary mission is to maintain and operate a library and museum specifically catering to the Grand Lodge of Texas. This institution serves as a valuable resource for individuals interested in Masonic history and culture, offering a comprehensive collection of related materials.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Masonic Grand Lodge Library and Museum of Texas has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a score of 92% in this category, the organization demonstrates effective management of its resources, ensuring transparency and ethical operations.
One of the key strengths of the Masonic Grand Lodge Library and Museum is its governance structure, featuring a board composed entirely of independent members. This commitment to independence is reinforced by the presence of clear policies regarding conflicts of interest, whistleblower protections, and document retention, all of which contribute to the organization's accountability.
While the program expense ratio stands at 68.31%, indicating that a significant portion of its expenses are devoted to programs, the organization could focus on further optimizing this ratio to enhance program delivery. Overall, the Masonic Grand Lodge Library and Museum of Texas exemplifies a well-managed nonprofit, making effective use of its resources while maintaining high standards of governance and financial oversight.
This AI summary has been generated from information found on Charity Navigator.
Is Masonic Grand Lodge Library And Museum Of Texas legitimate?
Masonic Grand Lodge Library And Museum Of Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonic Grand Lodge Library And Museum Of Texas submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $5,749
Professional Fundraising Fees: $0
Other Salaries and Wages: $129,490
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What is the mission statement of Masonic Grand Lodge Library And Museum Of Texas?
The Masonic Grand Lodge Library and Museum of Texas has a mission to preserve and manage a library and museum for the Grand Lodge of Texas. This entails maintaining and operating an extensive collection of resources related to Freemasonry and its history, making them accessible to the public and members of the Grand Lodge. The library and museum serve as a repository of knowledge and artifacts, promoting understanding and appreciation of Freemasonry's rich heritage and traditions. The institution's primary goal is to safeguard and showcase historical documents, artifacts, and literature related to Freemasonry, ensuring their continued availability for research and education.
Who is the CEO of Masonic Grand Lodge Library And Museum Of Texas?
Don Paul Payton is the President of Masonic Grand Lodge Library And Museum Of Texas.
What is the revenue of Masonic Grand Lodge Library And Museum Of Texas?
Masonic Grand Lodge Library And Museum Of Texas's revenue in 2022 was $713,605.
Who are the executives of Masonic Grand Lodge Library And Museum Of Texas and what are their salaries?
The average compensation at Masonic Grand Lodge Library And Museum Of Texas during 2022 was $15,027. There are 9 employees and 10 volunteers at Masonic Grand Lodge Library And Museum Of Texas.
Here are 8 key members and their salaries:
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- Compensation: $5,745
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Where can I find the form 990 for Masonic Grand Lodge Library And Museum Of Texas?
Masonic Grand Lodge Library And Museum Of Texas's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Masonic Grand Lodge Library And Museum Of Texas
The Masonic Grand Lodge Library and Museum of Texas is committed to maintaining and operating a library and museum for the benefit of the Grand Lodge of Texas. This institution serves as a vital resource for preserving and showcasing the history and knowledge associated with the Grand Lodge of Texas. Through its dedication to the upkeep and operation of this library and museum, the Masonic Grand Lodge Library and Museum of Texas plays a significant role in preserving and sharing the heritage of Masonic traditions in Texas.
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Impact
July, 2024
The Masonic Grand Lodge Library and Museum of Texas serves as a crucial repository of Masonic history and traditions, preserving and showcasing valuable artifacts and documents for the Grand Lodge of Texas. By maintaining and operating this library and museum, the organization plays a vital role in educating members and the public about Freemasonry's rich heritage and contributions. Through its activities, the Masonic Grand Lodge Library and Museum of Texas helps foster a deeper understanding and appreciation of Masonic principles and values among its members and the community at large.
This information is meant to be a general summary of Masonic Grand Lodge Library And Museum Of Texas. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $142,121
- Gross Receipts: $713,605
Assets and Liabilities:
- Total Assets: $9,148,357
- Total Liabilities: $19,749
- Net Assets: $9,128,608
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Organization Details
Founding Year
1981
Phone
(254) 753-7395Principal Officer
Don Paul Payton
Main Address
PO BOX 446, WACO, TX, 76703
NTEE Category
Code: Y40Z - Mutual benefit
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